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In the News


News from May, 2010

Industry Leader Rick Herman Joins MobiTV, Inc. to Drive Business & Corporate Development

Thursday, May 27th, 2010

PR Newswire – Press Release

EMERYVILLE, Calif., May 27 /PRNewswire/ — MobiTV, Inc., the leading provider of technology solutions that deliver media over wireless and broadband networks, announced the hire of industry vanguard Rick Herman as Senior Vice President, Business and Corporate Development. Herman will drive strategic planning and execution as MobiTV continues to grow its footprint as a technology player and platform provider.

Herman comes to MobiTV from Sony Online Entertainment (SOE) where he was SVP, Business and Legal Affairs in San Diego. While there, Herman was responsible for many of the company’s strategic transactions related to content acquisition, distribution and development. Additionally, Herman reviewed investment and acquisition opportunities and the implementation of the company’s investment strategy, including the negotiation of equity positions in new technology companies such as the purchase by SOE of a significant block of Series A shares of EnterpriseDB Corporation, a database software company.

“Rick is a thought leader in the technology business category,” said Charlie Nooney, Chairman and CEO MobiTV, Inc. “As we play our part in advancing media technology and the mobile industry, we’re looking forward to the level of innovation that Rick will bring to our business development efforts.” (Full article)


HEIDI TUCKER JOINS INSIDEVIEW AS VICE PRESIDENT OF BUSINESS DEVELOPMENT AND ALLIANCES

Thursday, May 27th, 2010

InsideView – Press Release

InsideView, a Sales 2.0 leader, today announced that Heidi Tucker has joined its executive management team as vice president of business development and alliances. Heidi joins InsideView from Hoovers, where she was the VP of business development. Previously she was the SVP of enterprise sales at First Research, a Dun & Bradstreet Company.

InsideView’s flagship product, SalesView, has rapidly become the new, de-facto standard in the sales intelligence market. More than 500 thought-leading companies are using InsideView for Sales to achieve new levels of sales productivity, powered by highly relevant company and executive intelligence delivered within their sales workflow. InsideView’s existing partnerships with Oracle (Oracle CRM Inner Circle), Salesforce.com (top three highest rated and most often downloaded application on AppExchange), NetSuite (Premier Suite Cloud partner), Microsoft and SugarCRM have been an integral part of InsideView’s success in reaching a user-base of more than 30,000. Tucker will not only focus on strengthening and deepening existing CRM relationships, but also on extending the existing partnerships with social media companies, social networks and user-contributed marketplaces. (Full Article)


Wafer giant MEMC expands further into solar with $76M Solaicx buy

Monday, May 24th, 2010

GreenBeat – Camille Ricketts

Solaicx isn’t your garden-variety silicon wafer maker. The Santa Clara, Calif. company says it has devised a manufacturing process that allows it to churn out extremely efficient monocrystalline wafers tailored for the solar market at a viciously competitive low price – the holy grail of photovoltaics.

This opportunity to steeply reduce its manufacturing costs looked too good to pass up for MEMC, one of the biggest makers of silicon wafers in the world, which has seen its core business erode since the economic downturn hit the semiconductor industry hard. Today, it announced its acquisition of Solaicx for $76 million. Branching into solar – a business analysts say is poised to boom – could help breathe new life into the company.

At least that’s the logic, despite falling silicon prices that have taken a bit of a shine off the deal – and might be one explanation for Soliacx’s relatively low acquisition price (as Greentech Media also notes). That said, silicon-based solar prices remain high enough to prevent photovoltaic panels from becoming cost competitive with fossil fuel sources, at least for now. (Full Article)


MEMC Continues M&A Hunt with $66M Solaicx Buy

Monday, May 24th, 2010

Greentech Solar – Eric Wesoff

Another acquisition from MEMC as the solar market’s consolidation continues

MEMC is one of the larger makers of silicon wafers in the world. Confronted with stiff competition in its core business, MEMC has made a number of strategic investments and acquisitions to bolster its market position.

Today the firm announced the acquisition of Solaicx for $66 million in cash, plus the potential for $37.6 million in additional money and earn-outs based on meeting performance targets.

Solaicx has developed continuous crystal growth manufacturing processes which yield low-cost, high-efficiency monocrystalline silicon wafers for the photovoltaic market. The Solaicx technology allows for high-volume crystal growth compared to the silicon ingots produced in the traditional precision semiconductor manufacturing process. Solaicx has approximately 80 employees and a large-scale production facility in Portland, Oregon. (Full Article)


MEMC To Buy Privately Held Crystal Co Solaicx For About $76M

Monday, May 24th, 2010

The Wall Street Journal – Jodi Xu, Dow Jones Newswires

MEMC Electronic Materials Inc. (WFR) has agreed to acquire silicon-wafer maker Solaicx for about $76 million as the maker of silicon wafers for the solar and semiconductor industries expands its presence in solar electricity.

Ken Hannah, an executive in MEMC’s solar operations, said the purchase will allow his company “to significantly reduce the cost of” making monocrystalline silicon wafers. He said that market is projected to have a compound annual growth rate of about 50% the next three years. (Full Article)


MEMC to Buy Solar Startup Solaicx

Monday, May 24th, 2010

Earth2Tech – Josie Garthwaite

The drumbeat of consolidation in the solar industry continues this morning, as silicon wafer maker and solar project developer MEMC Electronic Materials has just announced plans to acquire Solaicx, an 8-year-old maker of silicon wafers for solar cells.

The deal, according to a release from MEMC today, includes $66 million in cash and up to $10 million on top of that “based on incoming investment.” In addition, if Solaicx meets certain performance targets set for 2010 and 2011, MEMC says it will pay up to $27.6 million in cash and MEMC stock to Solaicx security holders.

This latest acquisition, expected to close next month, comes as part of a long-anticipated shakeout in the solar industry. It also comes amid forecasts that 2010 will be a year of “gross oversupply” for solar modules and significant “consolidation.” As Pike senior analyst Dave Cavanaugh put it in a statement last week, there are “190 cell and module manufacturers, making consolidation of weaker competitors an inevitable outcome.”

Solaicx isn’t the first solar player to get snapped up by MEMC. (Full Article)


MEMC Announces Agreement to Acquire Solaicx

Monday, May 24th, 2010

Yahoo Finance – Press Release, PR Newswire

ST. PETERS, Mo., May 24 /PRNewswire-FirstCall/ — MEMC Electronic Materials, Inc. (NYSE:WFR – News) today announced it has reached a definitive agreement to acquire privately held Solaicx, headquartered in Santa Clara, California.

Solaicx has developed proprietary continuous crystal growth manufacturing technology which yields low-cost, high-efficiency monocrystalline silicon wafers for the photovoltaic solar industry. The Solaicx technology allows for very high-volume crystal growth compared to the silicon ingots produced in the traditional precision semiconductor manufacturing process. The enhanced electrical performance of wafers from Solaicx ingots allows solar cell manufacturers to create higher efficiency cells with very competitive silicon costs. In addition to these customer benefits, the combined company will have low-cost polysilicon and crystal operations in North America and sales and support offices around the world, allowing the company to provide customers with industry leading customer service. (Full Article)


MEMC Electronic Materials to buy Solaicx

Monday, May 24th, 2010

Silicon Valley Business Journal – Staff

MEMC Electronic Materials Inc. said Monday it has agreed to acquire Solaicx Inc. for up to $103.6 million.

Solaicx, which is based in Santa Clara, has about 80 employees and a large-scale production facility in Portland. The company has developed continuous crystal growth manufacturing technology which it says yields low-cost, high-efficiency monocrystalline silicon wafers for the photovoltaic solar industry.

“Solaicx, along with its people and technical expertise, is a great addition to MEMC,” said Ken Hannah, president of St. Peters, Mo.-based MEMC (NYSE:WFR) Solar Materials. “Solaicx’s innovative and advanced manufacturing technology should enable us to reduce costs and improve efficiency, while enhancing our ability to drive the solar industry toward grid parity.” (Full Article)


Caltech researchers find schooling fish offer new ideas for wind farming

Wednesday, May 19th, 2010

Windspire – Press Release

Windspire Wind Turbines to be Used in Leading-Edge Research

The quest to derive energy from wind may soon be getting some help from California Institute of Technology (Caltech) fluid-dynamics expert John Dabiri-and a school of fish.

As head of Caltech’s Biological Propulsion Laboratory, Dabiri studies water- and wind-energy concepts that share the theme of bioinspiration: that is, identifying energy-related processes in biological systems that may provide insight into new approaches to-in this case-wind energy. (Full Article)


MobiTV Wins Royalty Case To Standardize Streaming Fees In Mobile

Friday, May 14th, 2010

mocoNews – Tricia Duryee

A two-year-old court case ended this week that will most likely set a precedent in the mobile industry for how much streaming music and video services will have to pay artists in royalties.

The case was being heard between MobiTV and the American Society of Composers, Authors and Publishers (ASCAP) in New York’s U.S. District Court, but it could impact many companies in the space, including carriers, handset makers and other service providers. At the heart of the disagreement was whether mobile should generate more revenue than other traditional media, like radio or TV.

This week, the judge ruled in favor of MobiTV, and found that mobile is like any other delivery technology from cable TV to satellite. In turn, the fees requested by ASCAP will be drastically scaled back. Under the more onerous terms it was proposing, MobiTV would have owed a whopping $41 million in royalties during an 8-year period. But under the rules adopted by the judge, MobiTV will only owe $300,000 between 2003 through 2009 (which represents a six-year period).

Bill Losch MobiTV’s CFO told mocoNews: “I think from our perspective we definitely feel we should pay a fair price, but what ASCAP was proposing was not only out of realm of possibility, it was also a completely different model than the accepted model. We are a leader in the space as far as content aggregation, and we felt it was important for them to establish a precedent.” (Full article)


Sometrics Helps Nexon and PopCap Online Gamers Earn Free Currency

Wednesday, May 12th, 2010

BusinessWire – Press Release

Millions of players of several popular online games don’t need a credit card to earn credits for purchasing premium items. Announcing two new partnerships, Sometrics will provide the player communities of Nexon America and PopCap Games with opportunities to earn free in-game currency through participation in offers powered by the company’s proprietary Offer Solution.

With targeted offers from trusted brands such as AT&T, Netflix, NBC, Disney and more, Sometrics provides online gamers with the chance to earn virtual currency without opening their pocketbooks. By participating in a variety of consumer surveys, high-value subscriptions, e-commerce shopping and more, players earn virtual cash while advertisers achieve a prolonged attention from a target demographic. The Sometrics Offer Solution enjoys a global reach of more than 4,000 ads across hundreds of games, and achieves effective cost per thousand impressions (eCPM) as high as $700-$900.

“Sometrics couldn’t be happier lending our proven skill sets in offer-based solutions to the massive audiences behind the free-to-play games of Nexon and PopCap, and we’re sure their players will enjoy an easy, convenient way to earn in-game currency for free,” said Ian Swanson, Sometrics co-founder and CEO. “The Sometrics Offer Solution platform is built for optimization, so we can deliver a variety of offers in the most efficient and effective way possible.” (Full Article)


MobiTV, Inc. Registers Victory for Mobile Entertainment Industry in ASCAP Case

Wednesday, May 12th, 2010

PR Newswire – Press Release

Leadership role results in favorable ruling in precedent-setting case

EMERYVILLE, Calif., May 12 /PRNewswire/ — MobiTV, Inc. has been involved in a legal proceeding with the American Society of Composers, Authors and Publishers (ASCAP), over royalties due to music composers for music contained in MobiTV, Inc. mobile media services.

WHAT:
U.S. District Judge Denise Cote in the Southern District of New York ruled overwhelmingly in favor of MobiTV, Inc. The court adopted the MobiTV, Inc. model and rate-making logic, without amendments.

WHY:
While MobiTV, Inc. believes in paying a fair price for content, including musical compositions, the inflexible positions taken by ASCAP were so aggressive as to pose a serious threat not only to MobiTV, Inc. but to all industry players (carriers and content providers) involved in delivering mobile media content.

AND:
While ASCAP sought an enormous royalty totaling multiple millions of dollars, MobiTV, Inc.’s position was that royalties should be structured no differently than those paid by content providers in the cable industry, resulting in a net payment of less than two percent of that sought by ASCAP. (Full article)


Sometrics Helps Nexon and PopCap Online Gamers Earn Free Currency

Wednesday, May 12th, 2010

Business Wire – Press Release

Leading Game Monetization Company to Provide Free-to-Play Giants Optimized and Targeted Offers for Maximum Player Engagement, Advertiser Success and Resulting Revenue

LOS ANGELES–(BUSINESS WIRE)–Millions of players of several popular online games don’t need a credit card to earn credits for purchasing premium items. Announcing two new partnerships, Sometrics will provide the player communities of Nexon America and PopCap Games with opportunities to earn free in-game currency through participation in offers powered by the company’s proprietary Offer Solution. (Full Article)


Windspire Energy to Sponsor Wind Conference at Museum of Science, Boston

Thursday, May 6th, 2010

Windspire – Press Release

Windspire® Energy (formerly Mariah Power), developer of the Windspire® wind turbine, will sponsor a conference on small-scale urban wind turbines presented by the Museum of Science, Boston on May 18th. At the event, the extended project team from the Museum’s Wind Turbine Lab will report on the turbines’ performance and share firsthand accounts of the team’s experience planning, installing, and operating roof-mounted wind turbines in an urban environment.

The Windspire wind turbine is a 30-foot tall vertical axis turbine designed for use in urban and suburban settings. The Windspire is one of five different small-scale wind turbines installed at the Museum’s rooftop Wind Turbine Lab in 2009. The first of its kind in the U.S., the Wind Turbine Lab was created to support the Museum’s commitment to reduce its environmental footprint while providing museum visitors the opportunity to learn more about small wind turbines.

“The Lab is a commendable effort to better understand the challenges of leveraging the energy of the wind in complex urban environments,” said Walt Borland, President and CEO of Windspire Energy. “The only way to continually drive innovation is through never-ending experimentation, and we are therefore very proud to be able to support the research efforts of the project team at the Lab”. (Full Article)


ABC7, The View from the Bay – Janelle’s top Mother’s Day gift ideas

Wednesday, May 5th, 2010

ABC7, The View From the Bay – Janelle

What does mom want for Mother’s Day? Janelle shares her top gift ideas, all from Bay Area companies.

Local companies featured in the segment:

Lifefactory – Completely BPA free, the Lifefactory adult vessel mimics the superior design of the child bottle and is secured in a vibrant silicone sleeve that is 100% non-toxic and helps prevent breakage.

The sleeve offers stellar gripping capabilities for easy toting and can be boiled or put in the dishwasher for convenient disinfecting. The bottle is also equipped with a wide entry for effortless cleaning and even allows essentials such as ice cubes, tea bags or citrus slices to be simply added to your liquid.

The glass make-up of the reusable bottle means what you see is what you get. Glass is a nonporous material containing zero harmful chemicals and does not scratch, significantly reducing bacterial growth. With Lifefactory bottles you will never experience any type of leaching into your liquid nor will you ever be left with a metallic taste.

Best of all, glass is a low impact raw material that is readily abundant, easy to process and 100% recyclable, which is minimally taxing on our environment.

The retail price is $22 and the best place to buy is on-line or at the Sports Basement in San Francisco. They have the best selection.

For more information, go to www.lifefactory.com

(Full Article)


groSolar and DECK Bring groEnergy Watch Monitoring to Large-Scale PV

Wednesday, May 5th, 2010

Renewable Energy World – Press Release

groSolar, a national leader in solar power system distribution and installation, today announced the expansion of the company’s proprietary energy monitoring solution, groEnergy Watch, to now include a seamless solution for large scale solar PV installations. groSolar, through a partnership with DECK Monitoring, will be making the improved groEnergy Watch solution available to its national network of dealer-installers and commercial installation customers in June. This completes the evolution of groSolar’s comprehensive and proprietary groEnergy Watch solution as a tool for monitoring PV electricity production, along with building energy consumption, for any residential and commercial scale PV application.

The DECK commercial-system platform connects seamlessly with the groEnergy Watch system and integrates data from any commercial inverter or revenue-grade meter to provide a complete turnkey monitoring solution for commercial PV installations of any size. ??“We are very pleased to partner with DECK to evolve groEnergy Watch into a comprehensive and affordable energy monitoring solution for literally any size of PV installation and we think this will bring significant new value to the US market,” said groSolar CEO Jeff Wolfe. “We believe our nationwide network of dealers, residential customers and commercial PV installations will see tremendous value in this expanded groEnergy Watch as a robust and low-cost solution for tracking PV system production as well as the energy consumption of the buildings themselves.” ??“groSolar is an innovative company at the forefront of the solar industry, and we are proud to have been selected as the commercial monitoring partner for the groEnergy Watch solution,” said DECK CEO Will Shortt. “We look forward to helping groSolar’s commercial integrators and customers optimize their production, provide superior service, and manage their portfolios.” (Full Article)


Audiences, and Hollywood, Flock to Smartphones

Sunday, May 2nd, 2010

The New York Times – Brian Stelter

It might be hard to imagine watching “The Office” on a screen no bigger than a business card. But tens of thousands of people – by the most conservative estimate – are already doing just that.

As Hollywood shrinks its films and television shows for the small screens of cellphones, its assumptions about mobile viewing are being upended by surprisingly patient consumers.

“We all thought they’d be watching video clips in the checkout line or between classes,” said Vivi Zigler, the president for digital entertainment at NBC Universal, summing up the industry’s conventional wisdom. But owners of iPhones and other smartphones are actually watching long episodes and sometimes complete films, so a growing number of media companies are vying for people’s mobile attention spans. (Full Article)


A Cook’s Kitchen, Lifefactory

Saturday, May 1st, 2010

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Sport This: Bella Finds for Sporty Gals, Lifefactory

Saturday, May 1st, 2010

Bella magazine


This Just In: The New Transparency, Lifefactory

Saturday, May 1st, 2010

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